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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Today's Market

Today's Market

posted on Sep 28, 2009 11:27AM

On NYSE - KRY sp gapped up then sold off, and now hanging around two-bits. A penny move is 4% at this sp. 60min techs indicate a decent day to come, with Daily Techs still showing a Bearish mood. Volume just went over 100k at this time, although since the beginning of the month there has been increased interest according to volume.

Dow is up about a hundo and a quarter. Appears to have set itself up for this during last week, according to the techs. CNBC touting it is a merger Monday. But, am still finding that Mutual Funds must get in to keep up with each other, so it is a self feeding process. How long will it last is anyone's guess. Buy and hold is very old school, but stay diversified and stay on top of your investments/specs.

Gold saw some buy in when it opened yesterday evening. Then was driven down slightly at open of HK only to see buying at London open. Bit of a dump at Market open but coming back at this time. Currently $995'ish. GLD, which runs very closely to Gold gapped up to open but the 3min techs showing the short term Bullishness is fading, although 60min techs indicate an up day.

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